Fleur Anderson
Main Page: Fleur Anderson (Labour - Putney)Department Debates - View all Fleur Anderson's debates with the HM Treasury
(11 months ago)
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Andrew Griffith
There are no plans to change that. Those are matters for fiscal events and for the Chancellor.
Fleur Anderson (Putney) (Lab)
The Tory mortgage crisis is affecting my constituents in Putney, including a group of young sharers I met this week whose landlord has had his mortgage increased and has passed the costs down to them. They have to leave their home and the area because they can no longer afford to live in south-west London. The Minister has blamed global factors again and again, but the cost of borrowing is higher here in the UK than in other developed economies. Does he agree that this is a Tory mortgage penalty—a Truss tax—and that the Government are to blame for the 13 disastrous years of housing policy that have brought us here?
Andrew Griffith
I do not agree with the hon. Lady, however fine her rhetoric may be. The reality is that, if we want the nation’s householders to pay less for their mortgages, we need responsible Conservative management of the economy. When it comes to her Putney constituency, the best thing that she can do, if she is on the side of those who wish to own their own home, is urge the Labour Mayor to build more homes.